Choosing Between Individual and Team-Based Incentives

Incentives are a great way to keep your workforce motivated, but knowing what kind of incentive program to implement can make a big difference in terms of results. For many companies, everything boils down to individual versus team-based incentives. What are each option’s strengths and weaknesses and which one is a better fit for your company? A better understanding of both types of incentive programs should help you choose the right option.

Incentivized and motivated business team

Before you start, you also have to remember that implementing any kind of incentive program requires the right tools to make sure it is properly implemented. Managing pool bonuses, overseeing cash rewards based on performance, and keeping track of payouts and promotions manually can be a huge challenge, especially as your workforce grows.…

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8 Digital Marketing Assets Every Successful CEO Utilizes

The most important parts of running a successful company is lead generation. The days of cold-calling and door-knocking for leads are over.

As a CEO, you value time, productivity, and making an impact. It’s crucial that you are using modern digital tools to give you the time you need and to make marketing an afterthought so you can focus on changing the world.

Digital marketing

Here are the 4 areas where people spend their time online and 8 tools to take advantage of their online attention.

Your Website is Your Business’s Home

Implement Inspectlet and Webflow for the Ultimate User Experience

When anyone wants to know anything about a particular business, the first place they go is their website.…

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Where Everybody Knows Your Name: Could Tracking Technology Be The Future Of Events?

Walking past the stands at a tech conference, you will undoubtedly receive more than your fair share of freebies. Over time these handouts have become more and more high-tech; first, it was pens and notebooks. Now, if you don’t receive a branded cardboard VR viewer at a tech conference, it’s probably because they ran out before you got there.

Much like technology itself, these giveaways continue to evolve. In the not-too-distant future, thanks to the kind of technology embedded in these freebies, attendees could be walking around the halls literally wearing their identities on their sleeves.

RFID t-shirts and wristbands will have conference attendees tagged

In thousands of warehouses and retail outlets around the word, RFID (Radio Frequency Identification) tags help keep track of stock by emitting signals with embedded information about the items that bear them.…

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Are Employee Wellness Schemes Worth It for SMBs?

Corporate wellness schemes are all the rage right now. Some of the biggest businesses of the digital age have pioneered the idea of placing emphasis on the worker’s health, as this “How we care for Googlers” page attests.

Employe wellness scheme

Recently, fellow tech giant SAP began giving all employees FitBit devices in order to help them track their progress in the company fitness program. With such clear support from the larger businesses in the world, is it time for small and medium businesses to follow suit?

What works well with office wellness programs

Though these large companies likely have plenty of money to spare, it’s safe to say that employee fitness and wellness schemes would never have caught on in the way they did if they were not successful in some way.…

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Are Smart Locks The Smart Choice for Business Owners?

For business owners, their company is their livelihood, so it makes sense to want the best kind of security system in place for your office. The only trouble with that is there are many different types of door locks and security systems available — and some are more technologically advanced than others. Business owners are now faced with the option to use a traditional door lock, or upgrade to a more techy “smart” lock.

And while you may be keen to put your faith in the technology of a smart lock, it may not be the best move for your business.…

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5-Step Guide to Choosing The Best Furniture For Your Office Space

Today’s offices are crazier looking than ever: you can go down a three-storey slide at Corus Entertainment in Toronto, run on an indoor track at DTAC HQ in Bangkok, fly to a meeting in a pod at the Google Office in Tel Aviv, or work in a room entirely made of Lego at Desklodge in Bristol. These are some of the coolest offices in the world and they truly are pushing the boundaries and changing our perception of what an office space should look like and ultimately our perception of what work should and can be.

From Edinburgh to Bangkok, offices all around the globe are challenging our habits: it’s less and less common nowadays to order traditional office furniture from the usual suppliers as people tend to gravitate more towards a more modern, custom-made, original and playful style for their work environment.…

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How to Clean The Office With Natural Cleaning Supplies

There is an alarming number of chemicals using in cleaning products today. Since World War II, over 70,000 artificial chemicals have been invented and a lot of them are in the cleaning products used in office cleaning supplies. These chemicals have been added even though the general public, and the people most exposed to these chemicals, do not know the harmful effects the chemicals are doing to them and the environment.

Office cleaning products

The average work week in Singapore is 44 hours, which means for 44 hours, office workers are exposed to harmful chemicals without knowing it. Because so much time is spent in the office, office cleaning should be done with natural cleaning products to avoid any harmful effects.…

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Simple Ways to Cut on Business HR Costs

Every single department in a company now has to trim as many expenses as possible in order to increase organization overall value. HR departments are not an exception. Curbing expenses with human resources is normally a difficulty because this is usually not something that was needed in the past. Many CEOs have no idea what to do.

Cutting costs

The following methods presented by Productiv Inc should help out most CEOs that are having troubles reducing costs for HR departments.

Consider A New Healthcare Provider

Besides the fact that you can look at plan costs when you shop around, you can also analyze different ways to reduce the program expense in the first place or employee premiums.…

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Retirement Luxuries To Put On Your List

The phrase “planning for retirement” generally evokes images of white-haired individuals smiling in insurance commercials, making sure their finances are in order for the long haul. That’s definitely part of the process, and it’s always a good idea to speak to financial advisors, invest for retirement, and save whatever you’re able to. But planning for this phase of your life shouldn’t just be about making sure you can get by – it should also involve a few perks!

Retirement planning

That’s not to say everyone can afford such perks, nor that irresponsible spending is a good idea. But if you’re already working on a financial plan for the years ahead, you may want to have a few luxuries in mind so that you can try to work them into your budget.…

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How CEOs Can Dominate Their Investment Portfolio

Some believe that a CEO is defined by financial prowess and an astute awareness of the markets. However, this is sometimes not the case.

There are many examples of such individuals who have lost great deals of money due to bad portfolio decisions. In fact, the Stanford Graduate School of Business has found that hubris associated with top management positions often leads to poor judgement calls.

CEO investment portfolio

So, how can a CEO improve the performance of an existing portfolio in order to maximise profit margins and minimise risk? Let’s examine some methods recommended by professionals.…

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